Good news from around Europe
Nvidia challenger AI chip startup MatX raised $500M The startup was founded by former Google TPU engineers in 2023. Powered by WPeMatico https://techcrunch.com/2026/02/24/nvidia-challenger-ai-chip-startup-matx-raised-500m/
Self-driving tech startup Wayve raises $1.2B from Nvidia, Uber, and three automakers Major automakers, tech giants, AI companies, and chipmakers are all trying to get a piece of Wayve. Powered by WPeMatico https://techcrunch.com/2026/02/24/self-driving-tech-startup-wayve-raises-1-2b-from-nvidia-uber-and-three-automakers/
Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model Spanish startup Multiverse Computing has released a new version of its HyperNova 60B model on Hugging Face that, it says, bests Mistral’s model. Powered by WPeMatico https://techcrunch.com/2026/02/24/spanish-soonicorn-multiverse-computing-releases-free-compressed-ai-model/
Apple rolls out age-verification tools worldwide to comply with growing web of child safety laws Apple complies with new age-assurance laws in the U.S. and abroad, including those that block users from downloading apps aimed at adults. Powered by WPeMatico https://techcrunch.com/2026/02/24/apple-rolls-out-age-verification-tools-worldwide-to-comply-with-growing-web-of-child-safety-laws/
Finland-based quantum computing startup IQM to go public in US via SPAC Finland-based quantum computing startup IQM today said it plans to go public in the US via a SPAC, with a $1.8bn valuation. Helsinki-headquartered IQM, founded in 2018, is merging with SPAC firm Real Asset Acquisition Corp (RAAQ) as part of the deal, the startup said today. SPACs are
“Stop complaining and build”: Inside Defence Holdings’ software-first defence strategy Modern defence is shifting from hardware to software. As cyber conflict, drone warfare, and information operations reshape global security, the advantage increasingly belongs to nations that can innovate faster — not just build bigger arsenals. Defence Holdings PLC is a UK-listed
Einklang secures €2.2M for battery-optimised industrial power solutions Cologne-based Einklang, which specialises in integrated energy solutions for Germany’s mid-sized companies, has secured €2.2 million in funding. The round was led by Vireo Ventures, with participation from SI Ventures, Saxovent, Angel Invest, Heimatboost and DnA Ventures. Einklang is an Energy-as-a-Service provider
From legal aid to urban planning: Meet the startups enhancing Ukraine’s digital government Today GovTech Lab Ukraine announced that three startups from Ukraine and Europe have been selected to pilot digital solutions for public services in Ukraine’s first open innovation programme for the public sector. GovTech Lab Ukraine is an
European tech weekly recap: More than 80 tech funding deals worth over €707M Last week, we tracked more than 80 tech funding deals worth over €707 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe. Click to read the rest of the news. Powered by WPeMatico https://tech.eu/2026/02/23/european-tech-weekly-recap-more-than-80-tech-funding-deals-worth-over-eur707m/
Danish startup Hybrid Greentech attracts €15 million investment to accelerate European grid flexibility rollout EU-Startups has learned that Hybrid Greentech, a Copenhagen-based provider of virtual power plants (VPP) and renewable energy asset market integration, recently raised over €15 million from growth fund Nordic Alpha Partners. The investment from Nordic Alpha